Required informetion The following information applies to the questions displayed below] Incentive Corporation was authorized to issue 12,000 shares of commort stock, each with a $2 par value. During its first year, the following selected transactions were completed: a.15sued 5.100 shares of common stock for cash at $21 per share b. Issued 1,100 shares of common stock for cash at $24 per share. 2. Prepare the journal entry required for each of these transactions (If no entry is required for o transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet 2 Fecord the issuance of 5,100 shares of common stock with a par value $2 for a price of $21 per share. Poster torter debuts before crediti. Required informotion [The following information applies fo the questions displayed below] Incentive Corporation was authotized to issue 12.000 shares of common stock, each with a $2 par valuee Dialing its fitst year, the following selected transactions were completed: a. Issued 5.100 shares of common stock for cash at $21 per share. b. Issued 1,100 shares of common stock for cash at $24 per share . Prepare the journal entry required for each of these transactions. (if no entry is required for o transoction/avent, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Record the lssuance of 1,100 shares of common stock with a par value 52 for a price of $24 per share. Hte: thefr detots toefore credas